Stock Market News
Safecharge transaction volume exceeds $1bn in December
Payments services group Safecharge generated record revenues and transaction processing volumes in the three months leading to 31 December, with the latter exceeding $1bn in December alone for the first time.
Safecharge also said its results for its recently ended trading year to fall in line with market expectations, with revenues pegged to be in the vicinity of $111-112m alongside an adjusted EBITDA of around $33-34m.
"With robust current trading, a strong sales pipeline and new clients set to join the platform, the directors look forward with confidence to the 2018 financial year," read a trading update issued by the group on Thursday.
Safecharge reiterated its view that its full-year dividend would total 75% of adjusted EBITDA for the period.
As of 1200 GMT, shares had lost 0.80% to 309.00p.
Safecharge also said its results for its recently ended trading year to fall in line with market expectations, with revenues pegged to be in the vicinity of $111-112m alongside an adjusted EBITDA of around $33-34m.
"With robust current trading, a strong sales pipeline and new clients set to join the platform, the directors look forward with confidence to the 2018 financial year," read a trading update issued by the group on Thursday.
Safecharge reiterated its view that its full-year dividend would total 75% of adjusted EBITDA for the period.
As of 1200 GMT, shares had lost 0.80% to 309.00p.
Related share prices |
---|
SafeCharge International Group Limited (DI) (SCH) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price